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Updated over 9 years ago on . Most recent reply
How can I attract a marketing partner? A New Wholesaler….
How can I attract a marketing partner? New Wholesaler….
Question: How can I attract a marketing partner that will fund my marketing side of my wholesale business?
Situation: I have been calling, texting, and emailing potential prospects on line for the last 2 months. For the last week I have been post ads for sellers on craigslist, and back page. There are leads coming in but just not enough. If I could only start marketing to a list of absentee owners or high equity I know that I would have better leads coming in (just like my GURU told me). And then I could convert my first contract in to a paycheck! Help…….. Any Ideas?
Thanks in advance
Most Popular Reply
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@Account Closed
Prove you provide added value.
What do I mean?
People willing to fund the marketing side generally fall - loosely - into 1 of 3 categories:
1) They can't, likely because of geography or time constraints, field the incoming calls and handle the inspections and property visits themselves;
2) They don't want to/don't enjoy the negotiations and interaction with sellers;
3) They are already successful and are looking to expand into additional areas/markets.
You're basically looking for someone to invest in you, because they will be betting their investment on your ability to field, negotiate, evaluate, and close on the leads generated by their marketing dollars. What are you doing to send the message you can be trusted with those dollars? What are you doing to send the message you are a better bet than someone/anyone else they could partner with?
My suggestions...get actively...ACTIVELY...involved in the BP Forums. Start answering questions. Start responding to posts and questions about your local market. Write some high quality blog posts. Write forum posts about the deals you are finding and the deals you are getting under contract. Prove that you're willing to help others and invest in their success. Become the type of investor other investors want to partner with.